Irving F. Lyons III - Sep 29, 2023 Form 4 Insider Report for Prologis, Inc. (PLD)

Role
Director
Signature
/s/ Tammy Colvocoresses attorney in fact for Irving F. Lyons III
Stock symbol
PLD
Transactions as of
Sep 29, 2023
Transactions value $
$0
Form type
4
Date filed
10/3/2023, 08:09 PM
Previous filing
Jul 5, 2023
Next filing
Jan 3, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PLD Dividend Equivalent Units +Grant/Award $0 +76 +0.78% $0.00 9,941 Sep 29, 2023 Common Stock 76 $0.00 Direct F1
transaction PLD Dividend Equivalent Units - NQDC +Grant/Award $0 +202 +0.78% $0.00 26,208 Sep 29, 2023 Common Stock 202 $0.00 Direct F2

Explanation of Responses:

Id Content
F1 Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with previous service on the board of ProLogis, our merger partner, and assumed by us in June 2011. DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs vest upon issuance and the receipt of such DEUs is deferred, as are the underlying DSUs, during the period the reporting person serves as a director. DSUs and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.
F2 Represents DEUs earned on DSUs associated with current service on our board that are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs and the underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis after the grant date (generally in May each year). The receipt of such DEUs is deferred along with the underlying DSUs. DSUs and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.